Haile Foundation, executives ready to help on streetcar

10:08 AM,
Dec. 17, 2013

A rendering of the Cincinnati streetcar

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The Haile U.S. Bank Foundation is working with a group of executives to find a path forward for the streetcar project that threatens to cost the city millions of dollars whether it's built or shut down.

Eric Avner, a senior executive with the Haile Foundation, said on Monday the group does not expect it can raise $80 million in commitments by Thursday, when the federal government is expected to pull $45 million that's necessary to build the streetcar if the city doesn't commit to the project. Mayor John Cranley reiterated on Monday he will move forward on the streetcar project only if the private ...